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ADCB net attributable profit rises 31% in Q1

Abu Dhabi Commercial Bank  posted a 31% increase in first-quarter net profit yesterday, beating analysts’ forecasts, boosted by strong returns from fees and lending.  It made a net profit attributable to equity shareholders of 1.25bn dirhams ($340.3mn) in the three months ended March 31, versus 953mn dirhams in the corresponding…

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Click here to read the full story: Gulf Times

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